Thursday's front page 🗞️ #TomorrowsPapersToday

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The pound rose to its highest level against the euro in nearly two years as the European Central Bank (ECB) prepares to fire the starting gun on global interest rate cuts next week.

Read the full story here 👇
cityam.com/pound-sterling…

Private investment giant Blackstone has reportedly entered the £850m auction to buy mid-market chain Village Hotels.

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cityam.com/blackstone-inv…

By 2.30 in the afternoon, the capital's premier bluchip index #FTSE100 continued its negative streak, falling to 8,192.71 down by 0.74%.

The #FTSE250 , which is more aligned with the UK domestic market, was down by 1.06% to 20,486.09.

#Markets #UKEconomy
cityam.com/ftse-100-live-…

London’s Evening Standard has reportedly told staff it will now only go to print once a week, down from the five-days-a-week format the newspaper currently operates.
cityam.com/evening-standa…

Hot takes and political jibes aside, would national service actually work?

Sam Fowles asks just that in his weekly Will it Work column, which takes policies on their own terms and asks whether they solve the problem they’re supposed to solve
cityam.com/will-it-work-n…

London markets remained in the red shortly after midday as investor sentiment remained subdued in the face of concerns about sticky inflation.

#FTSE100 was trading 0.27% lower at 8,231.59 while the midcap #FTSE250 lost 0.58% to trade at 20,584.61.

cityam.com/ftse-100-live-…

Rishi Sunak has pledged to scrap what he called “rip-off degrees” in favour of creating 100,000 more apprenticeships per year, in his latest general election policy announcement.

cityam.com/election-2024-…

St James’s Place is expected to fall out of the FTSE 100 after ten years in London’s main index.

The wealth manager, along with Ocado, is expected to be replaced in the FTSE 100 by house builder Vistry and cybersecurity firm Darktrace.

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cityam.com/st-jamess-plac…

NHS junior doctors in England will strike over five days from 27 June until 2 July in a long-running dispute over pay, the British Medical Association has announced. 

cityam.com/nhs-junior-doc…

Anglo American has rejected a request from BHP to extend a takeover deadline today in a move that could blow apart the potential mining mega-merger.

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cityam.com/anglo-american…

Middlesex County Cricket Club have called in police to investigate a feud between the club and former chief Richard Goatley.

Middlesex have been chasing Goatley for what they describe as inappropriately claimed expenses.

cityam.com/middlesex-ccc-…

The owner of Royal Mail has this morning accepted a bumper offer from Daniel Kretinsky’s EP Group, which could see the historic UK firm transferred to private foreign ownership.

Read the full story here 👇
cityam.com/royal-mail-ids…

#London #markets opened lower for the sixth consecutive day as nerves over interest rate cuts continued to impact investors.

The #FTSE100 lost 0.26% shortly after the open to trade at 8,232.98 while the midcap #FTSE250 shed 0.23% to hit 20,658.16.

cityam.com/ftse-100-live-…

Scandal-hit property investor Home REIT has struck a deal to claw back hundreds of leases from a major tenant facing a probe from the charities watchdog.

cityam.com/home-reit-tena…

Volunteering for the RAF under a little-known scheme in the 80s was like a Boys' Own adventure for andy blackmore, but an under-funded, under-resourced reboot won't get the results Rishi Sunak wants.

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cityam.com/i-loved-nation…

Investment company Foresight Sustainable Forestry has struck a £167m deal to be taken private, adding to a growing list of London-listed firms set to exit the public market this year.

cityam.com/london-listed-…

Animal care retailer Pets At Home has held its guidance for the year and said its vet growth strategy is “not threatened” by the CMA’s review of the sector.

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cityam.com/pets-at-home-n…

The boss of Oaknorth has told City A.M. London’s public markets are looking “less attractive” than their international peers, signalling the bank’s thinking as it plans a potential IPO.

Read the full story here 👇
cityam.com/oaknorth-londo…